$ENA The 0th season event of Ethereal has ended on August 14. The first season of Ethereal has started, the earliest mining opportunity. Just deposit U to earn, withdraw anytime, without affecting your asset liquidity, and the returns are substantial!
There is no Pendle's YT-eUSDe pool for arbitrage anymore in the first season, so are there other arbitrage methods? Of course! That is:
Ethereal + Strata + Ethena's combined arbitrage PT-pUSDe
It is currently the only method to utilize Pendle for arbitraging Ethereal!
💎 What is Ethereal?
Ethereal is a decentralized exchange (DEX) based on Ethena and USDe, an extension and expansion of Ethena applications, significantly boosting USDe. Now is the first quarter pre-deposit event before the exchange's launch, purely an early airdrop. By depositing USDe or purchasing YT-pUSDe, you can simultaneously receive airdrop points for Ethereal + Strata + Ethena.
Participating now also enjoys priority access to future products and loyalty rewards, becoming an early supporter of the Ethereal ecosystem.
Deposit USDe for mining: Ethereal points x1 + Ethena points x30
YT-pUSDe mining: Ethereal points x 1 + Ethena points x50 + Strata x60
(If you have participated in the Ethena airdrop, the Ethena points will be boosted by sENA and YT-sENA.)
📌 Ethereal event official website - Receive 10% event reward
https://deposit.ethereal.trade/points?ref=B0TDOQ
Copy and open in the browser to complete registration. If it's a Binance wallet, select other, remember to use the same wallet you participated in the Ethena airdrop to share positions and points.
📌 Strata event official website - Receive 10% event reward
https://deposit.strata.money/?ref=PR8u2dqg
📌 Ethena event official website - Receive 10% event reward
https://app.ethena.fi/join/kxhze
After activating the above three airdrop eligibility, you can enter the arbitrage phase.
🔥 Method 1 for earning points: Deposit USDe to get points
📌 1. First, purchase USDe
Go to the Ethena official website to exchange USDe for USDT, USDC 1:1, on Ethereum mainnet ERC20 protocol
(Do not buy on exchanges! There are losses!)
Ethena official website address: https://app.ethena.fi/join/kxhze
Main menu swap, exchange USDT, USDC for USDe 1:1
📌 2. Return to the Ethereal official website, click Max, and deposit.
There is no lock-up period, you can withdraw anytime, points do not disappear, and spare cash can be thrown in to earn.
🚀 Method 2 for earning points: Purchase YT-pUSDe, amplify returns, an essential for arbitrage!
On the event homepage of the Strata official website
https://deposit.strata.money/?ref=PR8u2dqg
Find the image below: Click Deposit next to YT assets to jump to Pendle to purchase YT-pUSDe.
1000U can buy 48062 YT-pUSDe, with 48x leverage.
You can use various coins in your wallet to buy YT-pUSDe, such as ETH, BTC, etc.
It can help you earn points for both Ethereal and Strata simultaneously, and also give you Ethena's fourth season airdrop points, three benefits in one. Moreover, currently, after purchasing YT-pUSDe, the airdrop rewards from Ethena can already allow you to break even, making Ethereal and Strata almost zero cost to earn. Specific data can be calculated at any time using my Airdrop Hunter Pro 3.0 YT Arbitrage version to see the specific profit situation.
💰 Have you participated in Ethena's fourth season airdrop? You can still enjoy additional bonuses!
If you staked ENA in the Ethena airdrop, the Ethena points obtained through YT-pUSDe will have a bonus, up to 100% doubling!
The basic efficiency of eUSDe is 30 times points, YT-pUSDe is 50 times points, which can be doubled to 60x and 100x.
So "Ethena S4" + "Ethereal S1" + Strata S0, three airdrops together, is a perfect match!
If you have not staked ENA, purchasing YT-sENA from Pendle is the same, the steps are similar, just change YT category to YT-sENA, they have the same mining effects and bonus capabilities.
Remember to go to the three websites to activate your airdrop eligibility.
🏷 Official Ethena event address - Receive 10% event reward:
https://app.ethena.fi/join/kxhze
🏷 Official Ethereal event address - Receive 10% event reward:
https://deposit.ethereal.trade/points?ref=B0TDOQ
🏷 Strata event official website - Receive 10% event reward
https://deposit.strata.money/?ref=PR8u2dqg
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FAQ:
1. What is Ethereal?
Answer: Ethereal is a high-performance decentralized exchange (DEX) built on the Ethena network and the decentralized stablecoin USDe for spot and perpetual contracts.
2. What is the '0th season event'?
Answer: The zero season opened the pre-deposit of Ethereal. Participating users will receive Ethereal airdrop points (and also the airdrop points reward for Ethena), priority experience for new product launches, and loyalty rewards for early supporters in future plans.
3. How long does the '0th season event' last?
Answer: The 0th season is expected to last until the Ethereal mainnet goes live, probably later this year (planned before August 14, 2025).
4. Will my funds be locked?
Answer: No. USDe deposited in the Ethereal pre-deposit contract can be withdrawn at any time.
5. What is eUSDe?
Answer: eUSDe is the receipt token for USDe pre-deposited in Ethereal, which allows funds to be combined with other DeFi protocols. When a deposit is made, eUSDe is issued, which can be exchanged back to USDe at any time.
